Reddit's unpopular changes were inspired by Elon Musk's layoffs & cost-cutting
https://lemmy.world/post/230973
Reddit's unpopular changes were inspired by Elon Musk's layoffs & cost-cutting - Lemmy.world
Imagine cribbing notes from a guy that has seen the social network he purchased drop in value by 2/3rds.
Step 1 - buy company for billions of dollars
Step 2 - do stupid shit with it
Step 3 - lose billions as valuations drop
Step 4 - ???
Step 5 - profit, apparently?